US Stock Market Move | Berkshire B (BRK.B.US) surged nearly 3% as Q2 earnings exceeded expectations and the company significantly accelerated its share repurchase program.

On Monday, Berkshire B (BRK.B.US) surged nearly 3% during trading, hitting a new annual high of $534.17. In terms of news, Berkshire Hathaway's operational performance showed solid growth in the second quarter, while significantly accelerating its stock buybacks. On August 8, Berkshire released the latest data indicating that the operating profit for the second quarter of 2026 reached $12.983 billion, an increase of approximately 16% over last year's $11.160 billion; the operating profit for the first half of the year reached $24.329 billion, an increase of about 17% year-on-year. Meanwhile, the company repurchased about $4.5 billion of its own stock in the second quarter, bringing the total buyback amount for the first half of the year to approximately $4.8 billion, indicating a significant increase in buyback activity compared to before. Benefiting from a substantial rebound in unrealized gains from its investment portfolio, the net income for the second quarter on a GAAP basis nearly doubled year-on-year, reaching $25.667 billion, an increase of about 107% compared to $12.370 billion in the same period last year. The net income for the first half of the year was $35.773 billion, reflecting a year-on-year increase of approximately 111%.